Open AccessFactors Influencing the Unemployment Rate in Romania During 1997-2019
Publication year - 2020
Publication title -
studia universitatis babeş-bolyai. negotia
Language(s) - English
Resource type - Journals
eISSN - 2065-9636
pISSN - 1224-8738
DOI - 10.24193/subbnegotia.2020.4.03
Subject(s) - economics , exchange rate , inflation (cosmology) , unemployment , misery index , unemployment rate , aggregate demand , monetary economics , inflation rate , monetary policy , macroeconomics , physics , theoretical physics
"Current macroeconomic theories examine the problem of unemploy-ment rate from the aggregate demand point of view. Rising unem-ployment is always seen as a sign of the weak economy, where is a slow growth and also little spending. These might trigger actions by au-thorities to help reduce unemployment, by increasing the nation's money supply, so it can boost the economy. Among the factors that in-fluence (un-)employment, at least two very important should be taken in consideration: exchange rate and inflation. The research aims to ana-lyse the impact of inflation, the RON / EURO exchange rate and the fi-nancial crisis on unemployment rate in Romania during January 1997- March 2019.Keywords: unemployment rate, exchange rate, inflation rateJEL Codes: E24, F31, E31"